New Pacific Announces the Appointment of New Vice President, Corporate Development, Project Manager, and Grant of Options
NEWS RELEASE
Trading Symbol: TSX-V: NUAG
OTCQX: NUPMF
NEW PACIFIC ANNOUNCES THE APPOINTMENT OF
NEW VICE PRESIDENT, CORPORATE DEVELOPMENT, PROJECT MANAGER, AND
GRANT OF OPTIONS
VANCOUVER, BRITISH COLUMBIA – April 23, 2019 - New Pacific Metals Corp. (“New Pacific ” or the
“Company”) (TSX-V:NUAG) (OTCQX:NUPMF) is pleased to announce the appointment of Mr. Robert Cinits as
Vice President, Corporate Development of the Company and Mr. David Turner as Project Manager effective
April 22, 2019.
Mr. Cinits has over 30 years of experience in the mineral resources industry with an extensive background in
corporate development, M&A, exploration, project development, QA/QC, engineering studies, and NI 43-101
reports. Prior to joining N ew Pacific , Mr. Cinits held the positions of Chief Operating Officer with Mason
Resources Corp. and Vice President, Corporate Development with Entrée Resources Ltd. Mr. Cinits received
his Bachelor of Science degree in Geology from University of Toronto. Mr. Cinits is also a P.Geo registered
with the Association of Professional Engineers and Geoscientists of the Province of British Columbia.
Mr. David Turner has over 25 years experience in the mineral resources industry with a focus on precious
metals exploration in Latin America. After starting his career with BHP, Mr. Turner has gained progressive
experience in managing exploration programs and operations, from grassroots to large -scale dril ling
campaigns in El Salvador, Honduras, Nicaragua and Nevada. Prior to joining New Pacific, Mr. Turner was
Country Manager for Oro Verde Limited in Nicaragua. Mr. Turner, fluent in both English and Spanish,
received his Bachelor of Science degree in Geology from Colorado State University.
Stock Option Grants
The Company's Board of Directors has authorized and approved a grant of 100,000 incentive stock options
(the "Stock Options") each to Mr. Cinits and Mr. Turner. The stock options are exercisable at a price of $2.30
per share, being the closing price of the Company’s shares on the TSX Venture Exchange on April 22, 2019,
for a period of five years from the date of grant. The options are subject to the terms of the Stock Option
Plan and the approval of the TSX Venture Exchange.
ABOUT NEW PACIFIC
New Pacific is a Canadian exploration and development company which owns the Silver Sand Project in the
Potosí Department of Bolivia, the Tagish Lake gold project in Yukon, Canada and the RZY Project in Qing hai
Province, China. Its largest shareholders are Silvercorp Metals Inc., and Pan American Silver Corp., one of the
world's largest primary silver producers, which operates six mines, including the San Vicente mine located in
the Potosí Department of Bolivia.
For further information, please contact:
New Pacific Metals Corp.
Gordon Neal
President
Phone: (604) 633-1368
Fax: (604) 669-9387
www.newpacificmetals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain of the statements and information in this news release constitute “forward -looking statements” within the
meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward -looking information”
within the meaning of applicable Canadian provincial securities laws. Any statements or information that express
or involve discussions with respect to predictions, expectations, beliefs, plans, projections, o bjectives, assumptions
or future events or performance (often, but not always, using words or phrases such as “expects”, “is expected”,
“anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”,
“forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating that certain actions,
events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any
of these terms and simil ar expressions) are not statements of historical fact and may be forward -looking
statements or information. Forward -looking statements in this news release relate to, among other things, the
timing and receipt of stock exchange approvals; and the closing o f the Transaction.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ from those reflected in the forward -looking
statements o r information, including, without limitation, risks relating to: satisfaction or waiver of all applicable
conditions to closing of the Transaction including, without limitation, receipt of all stock exchange approvals.
The Company’s forward-looking statements or information are based on the assumptions, beliefs, expectations and
opinions of management as of the date of this news release, and other than as required by applicable securities
laws, the Company does not assume any obligation to update forward -looking statements or information if
circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any
other events affecting such statements or information. For the reasons set forth above, investors should not p lace
undue reliance on forward-looking statements or information.